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Print - 2006-05-31
First consignment of cement to arrive in June

First consignment of cement to arrive in June

The first consignment of cement in 50 kilogram bags is expected to arrive from China in the first week of June to help improve the supply in the country.
Published 31 May, 2006 12:00am
FOREIGN TRADE INQUIRIES

FOREIGN TRADE INQUIRIES

Export Promotion Bureau has received the following Trade Enquiries from abroad. Interested Pakistani parties dealing in the under mentioned items can obtain further details from the addresses given or from EPB Head Quarters and its Regional/Sub-Regional O
Published 31 May, 2006 12:00am
UBL TFCs assigned 'AA-' rating

UBL TFCs assigned 'AA-' rating

JCR-VIS Credit Rating Company Limited has assigned a 'preliminary' medium to long term rating of 'AA-' (Double A Minus) with a 'stable' outlook to the proposed third issue of unsecured, subordinated, listed Term Finance Certificates (TFCs) of United Bank
Published 31 May, 2006 12:00am
UBL TFCs assigned 'AA-' rating

UBL TFCs assigned 'AA-' rating

JCR-VIS Credit Rating Company Limited has assigned a 'preliminary' medium to long term rating of 'AA-' (Double A Minus) with a 'stable' outlook to the proposed third issue of unsecured, subordinated, listed Term Finance Certificates (TFCs) of United Bank
Published 31 May, 2006 12:00am
The Weather

The Weather

The weather report on Tuesday (May 30, 2006) and the forecast for Wednesday (May 31, 2006).
Published 31 May, 2006 12:00am
Norway's deputy speaker to head parliament Kashmir body

Norway's deputy speaker to head parliament Kashmir body

Jon Lilletun, vice president (deputy speaker) of Norwegian (Storting) Parliament, has been elected as chairman of Norwegian Parliamentary Sub Committee on Kashmir after the previous body fulfilled its term following fresh elections last year, says a repor
Published 31 May, 2006 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 31 May, 2006 12:00am
Review bench

Review bench

The Chief Justice of the Lahore High Court (LHC) has reconstituted the review bench, which will review the cases of preventive detention. The bench is comprised of Justice Mian Muhammad Najam-uz-Zaman as Chairman and Justice Muhammad Bilal Khan and Justic
Published 31 May, 2006 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 31 May, 2006 12:00am
NAB to distribute cheques on June 1

NAB to distribute cheques on June 1

The National Accountability Bureau (NAB) is organising a cheque distribution ceremony here on Thursday. On the occasion, the NAB director-general will distribute cheques among the affectees of Sherwani Securities case.
Published 31 May, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
PPP greets Benazir on CoD signing

PPP greets Benazir on CoD signing

Pakistan Peoples Party, Women Wing Punjab President Begum Beelum Hasnain MNA has said PPP has decided to celebrate the birthday of Benazir Bhutto with great fervour and also chalked out programme in this regard and congratulated Benazir on the signing of
Published 31 May, 2006 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
PPPP rallies from June 15

PPPP rallies from June 15

Pakistan Peoples Party Parliamentarian (PPPP) will hold rallies against privatisation, poor law & order situation and price hike of the commodities from June 15, 2006. PPPP Labour Wing head Abdul Qadir Shaheen said this here on Tuesday.
Published 31 May, 2006 12:00am
Key stock and currency market movements at 1700 GMT

Key stock and currency market movements at 1700 GMT

The latest close of key indices on major world stock exchanges and the London closing values of the euro, the Japanese yen, the British pound and gold bullion (previous day's closes in brackets).

Published 31 May, 2006 12:00am
Police fail to give protection to MHCBA members

Police fail to give protection to MHCBA members

The office-bearers of the Multan High Court Bar Association (MHCBA) have said that the police have failed to provide protection to them and a sense of insecurity is prevalent among the lawyer community for the last few days.
Published 31 May, 2006 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
PBC gives strike call for June 1

PBC gives strike call for June 1

Punjab Bar Council (PBC) has announced to observe strike on June 1 to protest police aggression towards the bar members. The bar in its meeting demanded immediate transfer of DPO and DSP Layyah and initiation of disciplinary action against them for beatin
Published 31 May, 2006 12:00am
Poultry rates

Poultry rates

Wholesale poultry rates on Tuesday (May 30, 2006) and for Wednesday (May 31, 2006).
Published 31 May, 2006 12:00am
Four die as truck rams into rickshaw

Four die as truck rams into rickshaw

Four persons, including a woman, were killed and another four injured when a speeding truck rammed into a motorcycle rickshaw in Mian Channu on Monday night.
Published 31 May, 2006 12:00am
Sialkot tanneries causing environmental degradation

Sialkot tanneries causing environmental degradation

Tanneries, which have mushroomed in and around Sialkot over the last decade, are major factor in environmental degradation. At present, there are more than 248 tanneries, of which nine large, 79 medium and 169 small tanneries, which have been set up witho
Published 31 May, 2006 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
MCCI calls for keeping Multan pollution-free

MCCI calls for keeping Multan pollution-free

Multan is one of the eighth cities of Pakistan where people were experiencing the polluted air, water and environment and government should make some far-reaching and effective measures with the collaboration of private sector to protect the lives and hea
Published 31 May, 2006 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
Workshop opened

Workshop opened

Punjab University vice-chancellor Arshad Mahmood on Tuesday inaugurated four-day workshop on 'Multilingual Library and Information Management System' (MLIMS) in the University main Library.
Published 31 May, 2006 12:00am
PPPP leader flays sell-off process

PPPP leader flays sell-off process

Jehangir Badr, Secretary General of the Pakistan Peoples Party Parliamentarian (PPPP), strongly hitting at the privatisation process being undertaken in the country at present has vowed to de-privatise all such institutions including Steel Mill when their
Published 31 May, 2006 12:00am
Efforts afoot to enhance Pak-South Africa trade: envoy

Efforts afoot to enhance Pak-South Africa trade: envoy

South African High Commissioner D. J. Mavimebela has said that measures are afoot to increase bilateral trade between Pakistan and South Africa, as the existing figures do not match with both countries potential.
Published 31 May, 2006 12:00am
THE RUPEE: dollar gains 15 paisa in kerb market

THE RUPEE: dollar gains 15 paisa in kerb market

The rupee moved both ways versus the dollar in the currency market on Tuesday in process of rising demand for the greenback, dealers said. The rupee continued its overnight weakness versus the dollar in the open market, shedding 15 paisa for buying at 60.
Published 31 May, 2006 12:00am
Capital flows to developing countries on rise

Capital flows to developing countries on rise

Net private capital flows to developing countries reached a record high of US $491 billion in 2005, driven by privatisation's, mergers and acquisitions, external debt refinancing, as well as strong investor interest in local-currency bond markets in Asia
Published 31 May, 2006 12:00am
THE RUPEE: dollar gains 15 paisa in kerb market

THE RUPEE: dollar gains 15 paisa in kerb market

The rupee moved both ways versus the dollar in the currency market on Tuesday in process of rising demand for the greenback, dealers said. The rupee continued its overnight weakness versus the dollar in the open market, shedding 15 paisa for buying at 60.
Published 31 May, 2006 12:00am
'Government focussing on special children's education'

'Government focussing on special children's education'

Punjab Chief Minister, Chaudhry Pervaiz Elahi has said that government was taking all possible measures to provide educational facilities to special children as they possessed as much right on education as the normal children.
Published 31 May, 2006 12:00am
Saarc Chamber's activities praised

Saarc Chamber's activities praised

Saarc Chamber of Commerce & Industry former President Kanti Kumar R Podar has highly appreciated the activities of Saarc Chamber particularly its role towards the implementation of Safta and future concept of Saarc Economic Union.
Published 31 May, 2006 12:00am
Tender for 50,000 tons sugar floated

Tender for 50,000 tons sugar floated

Trading Corporation of Pakistan (TCP) on Tuesday floated an international tender for the supply of 50,000 tons white refined crystal sugar from world sources.
Published 31 May, 2006 12:00am
All shares index report

All shares index report

The sector-wise all shares index report on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
Fake drugs, gold ornaments recovered

Fake drugs, gold ornaments recovered

In a surprise raid conducted on the directive of Health Minister Shabbir Ahmed Qaimkhani at Katchi Gali of Medicine Wholesale Market, fake drugs and gold ornaments worth over Rs one million were recovered.
Published 31 May, 2006 12:00am
DGH seeks World Bank help for solid waste management

DGH seeks World Bank help for solid waste management

District Government Hyderabad was taking its keen interest in institutional development and capacity building of solid waste management and sought for financial as well as technical assistance from World Bank to implement over the scheme.
Published 31 May, 2006 12:00am
Kamal vows to eliminate corruption

Kamal vows to eliminate corruption

City Nazim Syed Mustafa Kamal has vowed to eliminate the heinous trend of corruption, which had discredited the City District Government Karachi (CDGK) amongst general public.
Published 31 May, 2006 12:00am
Five errant KBCA officials suspended

Five errant KBCA officials suspended

The Karachi Building Control Authority (KBCA) Chief Controller of Buildings on Tuesday ordered the suspension of five KBCA officials.
Published 31 May, 2006 12:00am
Clearance of relief consignments from ports reviewed

Clearance of relief consignments from ports reviewed

The progress of clearance of relief consignments from ports of Karachi for earthquake affected people of Pakistan was reviewed at a meeting held under the chairmanship of Syed Anwar Haider, Provincial Relief Commissioner, Sindh here on Tuesday.
Published 31 May, 2006 12:00am
Steps being taken for promotion of call centres: adviser

Steps being taken for promotion of call centres: adviser

The Sindh government is taking all possible measures for the promotion of call centres as this would help develop the information technology sector, providing employment opportunities to thousands of people.
Published 31 May, 2006 12:00am
Cross Transactions

Cross Transactions

Cross transactions between client to client reported on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
Minor girl killed, 8 hurt in grenade attack

Minor girl killed, 8 hurt in grenade attack

A minor girl was killed and eight other members of her family were seriously injured when some unknown miscreants hurled a hand grenade into their home at Mach some 70 km off the provincial capital.
Published 31 May, 2006 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 May, 2006 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 May, 2006 12:00am
Three BoK directors elected from private sector

Three BoK directors elected from private sector

Three new members of the Board of Directors of the Bank of Khyber (BoK) from private sector have been elected unopposed, while the fourth nominee was declared ineligible, sources told Business Recorder on Tuesday.
Published 31 May, 2006 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 31 May, 2006 12:00am
Shares buy-back schedule

Shares buy-back schedule

Shares buy-back schedule of listed companies on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
Beautifying Peshawar envisioned

Beautifying Peshawar envisioned

NWFP Chief Minister Akram Khan Durrani has said that the MMA government is taking practical steps to make Peshawar a modern city. He directed the concerned quarters to take concrete steps for widening Circular Road, construction of retaining wall along Ca
Published 31 May, 2006 12:00am
District bodies to look after interfaith issues: Ijaz

District bodies to look after interfaith issues: Ijaz

Federal Minister for Religious & Minority Affairs Ijaz ul Haq said here on Tuesday that government had constituted district committees to look after the interfaith issues and control the law and order situation arising in the name of religion. The committ
Published 31 May, 2006 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 May, 2006 12:00am
Pro-government tribal chief shot dead

Pro-government tribal chief shot dead

Masked gunmen shot dead a pro-government tribal elder and wounded two people in South Waziristan, government officials said on Tuesday.
Published 31 May, 2006 12:00am
Pakistan satisfied over talks on Baghliar dam

Pakistan satisfied over talks on Baghliar dam

Pakistan and India wrapped up their 4-day experts level talks convened by the World Bank's mediator Professor Ramind Lafeeti over the Baghliar dam at the International Dispute Resolution Centre here on Monday.
Published 31 May, 2006 12:00am
Pakistan, India open talks on terrorism and drugs

Pakistan, India open talks on terrorism and drugs

Pakistan and India opened talks on Tuesday on combating terrorism and drugs trafficking as well as on practicalities for the exchange of civilian prisoners, officials said.
Published 31 May, 2006 12:00am
Pakistan, India open talks on terrorism and drugs

Pakistan, India open talks on terrorism and drugs

Pakistan and India opened talks on Tuesday on combating terrorism and drugs trafficking as well as on practicalities for the exchange of civilian prisoners, officials said.
Published 31 May, 2006 12:00am
Pakistani envoys conference in Abu Dhabi today

Pakistani envoys conference in Abu Dhabi today

The Commerce Ministry has arranged a two-day envoys' conference in Abu Dhabi starting from Thursday, May 31, to devise market access, trade promotion initiatives and investment strategies in the Arab countries.
Published 31 May, 2006 12:00am
Security concerns aired at meeting on Afghan refugees

Security concerns aired at meeting on Afghan refugees

UN, Afghan and Pakistani officials met in Doha on Tuesday to discuss the voluntary repatriation of Afghan refugees from Pakistan, with Yar Mohammed Rind calling for greater security in Afghanistan to encourage their return.
Published 31 May, 2006 12:00am
Minister for improving quality, scope of nursing

Minister for improving quality, scope of nursing

Nurses are the backbone of any healthcare facility. The image of the nursing profession has to be uplifted and it is only possible by providing good education, adequate training and better career opportunities to the nurses.
Published 31 May, 2006 12:00am
Date extended for claiming sales tax refund by exporters

Date extended for claiming sales tax refund by exporters

On the directive of the Prime Minister, the government has extended the cut-off date to December 31, 2005 for claiming refund of sales tax paid on stocks acquired up to June 5, 2005 for export of textile items, leather goods, carpets, surgical goods and s
Published 31 May, 2006 12:00am
PAC takes note of fake degree holder's appointment in NHA

PAC takes note of fake degree holder's appointment in NHA

The Public Accounts Committee (PAC) on Tuesday was shocked over the appointment of a fake degree holder in the National Highway Authority (NHA) and directed the Communication Ministry to submit a report within a month.
Published 31 May, 2006 12:00am
53 killed in Iraq violence

53 killed in Iraq violence

Violence killed 53 people in Iraq on Tuesday as the new prime minister again assured people he would soon name candidates for the country's key security portfolios. Twenty-two Iraqis were killed and 58 wounded when a car bomb exploded in a crowded popular
Published 31 May, 2006 12:00am
53 killed in Iraq violence

53 killed in Iraq violence

Violence killed 53 people in Iraq on Tuesday as the new prime minister again assured people he would soon name candidates for the country's key security portfolios. Twenty-two Iraqis were killed and 58 wounded when a car bomb exploded in a crowded popular
Published 31 May, 2006 12:00am
Food subsidy package to be increased

Food subsidy package to be increased

Pakistan Bait-ul-Mal (PBM) has proposed to enhance the 'food subsidy package' (FSP) from Rs 2400 to Rs 8400 per household annually to cover full-year wheat expenditure of an average family, which would require an amount of Rs 7.5 billion.
Published 31 May, 2006 12:00am
Food subsidy package to be increased

Food subsidy package to be increased

Pakistan Bait-ul-Mal (PBM) has proposed to enhance the 'food subsidy package' (FSP) from Rs 2400 to Rs 8400 per household annually to cover full-year wheat expenditure of an average family, which would require an amount of Rs 7.5 billion.
Published 31 May, 2006 12:00am
NJLI Pension Fund Rates

NJLI Pension Fund Rates

New Jubilee Life Insurance Pension Fund Rates on Tuesday (May 30, 2006).

Published 31 May, 2006 12:00am
15 children die as boat capsizes in IoK

15 children die as boat capsizes in IoK

At least 15 school children died in Indian occupied Kashmir on Tuesday after their boat capsized in the region's largest lake, police and army officials said. The children were on a trip when their boat went down the Wular lake, about 65 km (40 miles) nor
Published 31 May, 2006 12:00am